Kera Capital Partners Inc. Reduces Holdings in Alibaba Group Holding Limited $BABA

Kera Capital Partners Inc. reduced its stake in shares of Alibaba Group Holding Limited (NYSE:BABA) by 24.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,626 shares of the specialty retailer’s stock after selling 6,349 shares during the quarter. Kera Capital Partners Inc.’s holdings in Alibaba Group were worth $2,462,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of BABA. Hoey Investments Inc. grew its holdings in shares of Alibaba Group by 95.2% during the first quarter. Hoey Investments Inc. now owns 205 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 100 shares during the last quarter. Costello Asset Management INC acquired a new stake in shares of Alibaba Group during the fourth quarter worth about $34,000. Palisade Asset Management LLC purchased a new stake in shares of Alibaba Group in the 3rd quarter valued at about $37,000. Palladiem LLC acquired a new stake in shares of Alibaba Group in the 4th quarter valued at about $38,000. Finally, SJS Investment Consulting Inc. grew its stake in Alibaba Group by 15,000.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 302 shares of the specialty retailer’s stock worth $38,000 after buying an additional 300 shares during the last quarter. Institutional investors and hedge funds own 13.47% of the company’s stock.

Key Alibaba Group News

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: China approved Apple Intelligence for use on iPhones and other Apple devices in the country, with Alibaba’s Qwen model as a key partner. That strengthens Alibaba’s position in AI and could create a meaningful catalyst for growth. Apple Intelligence approved for launch in China with Alibaba and Baidu
• Positive Sentiment: Analysts continue to view Alibaba favorably overall, with reports noting an average “Moderate Buy” recommendation. Alibaba Group Holding Limited Given Average Recommendation of “Moderate Buy” by Analysts
• Positive Sentiment: Wall Street commentary around China’s push for broader, lower-cost AI and new model launches such as Kimi K3 is reinforcing interest in the Chinese AI sector, which can spill over positively to Alibaba as a leading domestic AI name. What Is Kimi K3? The Chinese AI Model That Has Wall Street Talking
• Neutral Sentiment: Erste Group trimmed its FY2028 earnings estimate slightly for Alibaba and also nudged down FY2027 estimates, reflecting a more cautious near-term outlook rather than a major deterioration. Erste Group Bank lowered Alibaba earnings estimates
• Neutral Sentiment: Alibaba’s online travel unit reportedly cut jobs as business conditions remain weak, pointing to internal cost pressure and uneven performance in parts of the company. Alibaba’s Online Travel Arm Slashes Jobs as Business Struggles
• Negative Sentiment: Separate law firms have announced investor investigations into Alibaba, adding legal overhang and uncertainty that can weigh on the shares. Alibaba Investor News from Rosen Law Firm
• Negative Sentiment: Another legal investigation was announced by Pomerantz LLP, reinforcing concerns about potential securities claims and headline risk for BABA. Pomerantz Law Firm Investigates Claims On Behalf of Investors of Alibaba Group Holding Limited – BABA

Alibaba Group Stock Performance

Shares of BABA opened at $115.04 on Friday. The stock has a market capitalization of $276.18 billion, a P/E ratio of 18.89, a P/E/G ratio of 2.17 and a beta of 0.51. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28. Alibaba Group Holding Limited has a 1 year low of $91.99 and a 1 year high of $192.67. The company’s fifty day moving average is $116.66 and its two-hundred day moving average is $135.22.

Alibaba Group (NYSE:BABA) last released its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. The company had revenue of $35.30 billion during the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. On average, sell-side analysts predict that Alibaba Group Holding Limited will post 6.28 earnings per share for the current year.

Alibaba Group Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Monday, July 13th. Shareholders of record on Thursday, June 11th were issued a $1.05 dividend. This represents a yield of 93.0%. The ex-dividend date of this dividend was Thursday, June 11th. Alibaba Group’s payout ratio is currently 16.91%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on BABA shares. Argus raised Alibaba Group to a “hold” rating in a report on Tuesday, March 24th. Freedom Capital upgraded shares of Alibaba Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. Wall Street Zen upgraded shares of Alibaba Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. Zacks Research raised shares of Alibaba Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Finally, Barclays raised their price target on Alibaba Group from $186.00 to $195.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Alibaba Group has a consensus rating of “Moderate Buy” and an average target price of $186.90.

Insider Buying and Selling

In other Alibaba Group news, President J. Michael Evans sold 720,000 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $94.95, for a total transaction of $68,364,000.00. Following the transaction, the president owned 28,000 shares in the company, valued at approximately $2,658,600. The trade was a 96.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, General Counsel Siying Yu sold 6,772 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $12.10, for a total value of $81,941.20. Following the transaction, the general counsel directly owned 607,234 shares of the company’s stock, valued at approximately $7,347,531.40. This trade represents a 1.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 920,303 shares of company stock worth $70,796,370 in the last three months. Company insiders own 12.50% of the company’s stock.

About Alibaba Group

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co?founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high?profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.